Edtech startup Playshifu is raising INR 33 Cr ($4.4 Mn) in a mix of debt and preference share from m Trifecta Ventures Debt Fund II, Chiratae Ventures (formerly known as IDG Ventures India) and Vistra ITCL. Survam Partners LLP, Inventus III India Fund, Bharat Innovation Fund and Star Orechem International’s CEO Abhinav Daga have also participated in this round. Playshifu will also be issuing 80 Series A debentures to Trifecta, at the face value of INR 10 Lakh per debenture, worth INR 8 Cr ($1 Mn). The filings said the company will use the funds to meet the operational needs of the business.